part 2: Essay/Short Answer 12. (15 points) Assume that a purely competitive firm has the schedule of given in the table below. Output AFC AVC ATC MC $600 $200 WN - O $800 300 $200 150 450 100 200 140 340 120 150 145 295 160 120 160 280 220 100 180 280 280 86 205 291 360 76 232 308 460 66 276 342 580 10 60 320 380 720 (a) In the table below, complete the supply schedule fo economic profit will be at each price. Profit any Bed loubring adl toy Quantity ( + ) 72 Price supplied or loss ( - ) $590 $ 455 To sise pitt at ho 365 285 245 145 125